NSE:PETRONET I am selecting PETRONET again for 07-09-2021. Observations: 1)On 15min Time frame today we can see that it has broken out from the parallel channel and also closed above 230 level. Tomorrow if it sustain above 230 level then we can see a good upmove. Please refer below chart : 15min time frame. 2)On Daily Time frame we can see that after...
Petronet has been facing resistance around 230 levels from last many days. Now it is looking ready for Breakout. RSI is also hovering above 60 levels. SL - 220 Target - 247
Trend reversal signs broken channel Volume is more than Avg volume Bolinger band upper band touched if price closes above 20 EMA with a strong note we can see some rally MACD Buy signal RSI > 58 if > 60 that will added advantage to see mometum
NSE:PETRONET Observations: 1) On Daily Time frame, if you can see that level 230 is working as critical level since long time. It was working as both support and resistance since long long time. Please refer below chart : Daily time frame. 2)Also, on Daily Time frame you can see that it has closed above 100DMA but still below 200DMA. One good thing is...
NSE:PETRONET one can initiate swing trade for long if find reversal form harmonic PRZ. keep stop loss as per chart. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
1. Petronet lng on weekly chart it took support on positive divergence and formed a spinning top kind of candle, which is an indication for trend reversal. 2. Risk takers can go long while crossing previous week high with strict stop loss. 3. Others can wait for the candle to close above previous week high and go for long. 4. Levels are marked on the chart. If you...
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 5-7 times.
Diamond Pattern Found Buy Petronet Closing Price - 231 Best Price To Buy - 215-220 SL - 206 (WCB) Target - 270/290
Daily MACD cut, Weekly MACD crossover, Ichimoku cloud top and above conversion line. These parameters may lead to reach the target levels. Vijayaraghavan.K, Kovilpatti.
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! HEAD 7 SHOULDER CHART PATTERN !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Reward is 5-7 times .
Petronet CMP - 242 Stop - 230 on DCB Expectation - 1 - 270 2 - Review at 270 Expected Holding Period - 40 trading days or earlier Ideas being shared only for educational purpose
Petronet trading close to its hourly strong support... Buy between 236-237 for Target 242/245 with stop loss 234 Risk /Reward=1:2.5....notice-Rsi indicator also gets reversed from the level of 30 on 4hours chart,((short term target 254/258 with same stop loss...time 10-12 days max)).. This is my personal view and does not guarantee any success, so pls do your own...
one more wave pending in upside as per Elliott wave and once the triangle breakout then #petronet gonna fly.. once it broke up the D wave we can go for buy side and with the stop loss of c wave.....
I had discussed this in detail in the LIVESTREAM done yesterday. Nifty dips analysed around 13800 has been achieved. UBL was a potential long. PETRONET shown here was also analysed in detail. www.tradingview.com Can watch it in the above link.
TRADE SETUP ! CHART PATTERN ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short.
Targets provided in the chart.